The growth of this
market is mainly driven by factors such as technological advancements, rising
geriatric population, government and venture capital funding, rising incidences
of orthopedic and cardiovascular procedures, and reimbursement cuts for analog
systems. Moreover, factors such as development of wireless detectors, growing
medical tourism in Asian countries, and untapped emerging markets offer growth
opportunities to players in the X-ray detectors market. However, High initial
cost of Digital X-ray systems and stringent regulatory procedures for product
launch may hinder the growth of this market during the forecast period.

The report segments
the X-ray detectors market based on type, application, and region. Based on FPDs
type, the X-ray detectors market is segmented into FPDs market by Type of
systems, FPDs market by Panel size, FPDs market by portability. The Flat-panel
detectors (FPDs) segment is expected to account for the largest share of the
X-ray detectors market, by type, in 2016. The technological advancement and
portability is one of the major factors expected to drive the growth of the
FPDs market during the forecast period. Moreover, the Medical Applications
segment is expected to grow at the highest CAGR during the forecast period.
High growth in this market is attributed to the growing geriatric population;
increasing number of orthopedic, mammography and cardiovascular procedures; and
technological advancements in X-ray devices and CT scanners are driving the
growth of the X-ray detectors for medical applications.

Based on region, the
X-ray detectors market is segmented into North America, Europe, Asia, and the
Rest of the World (RoW). North America is further subsegmented into the U.S.
and Canada; while Europe is further subsegmented into Germany, France, the U.K.
Italy, Spain, and Rest of Europe (RoE); Asia is further subsegmented into
Japan, China, India and Rest of Asia (RoA). In 2016, North America is expected
to dominate the market, followed by Europe. The converging trends of aging
population, technological advancements, and reimbursement cuts for analog
systems are driving the X-ray detectors market in North America. However, Asia
is poised to be the fastest-growing region during the forecast period. The high
growth in this market is attributed to the growing geriatric population,
growing adoption of digital imaging systems, rising disposable income, growing
number of awareness programs and symposia, and growing venture capital
investments driving growth in the Asian market.

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